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. >>> president obama will spend the night aboard air force 1, making a red eye trip to washington. with the fiscal cliff deadline less than a week away. what it all means for your paycheck. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capitol. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned. in just six days, a 2% payroll tax is set to expire, along with the bush-era tax cuts, shrinking the average person's paycheck in 2013 by about $1500. long-term unemployment benefits for about two million jobless americans are also set to expire. and 110 billion worth of spending cuts to both domestic and defense programs will start to kick in, forcing layoffs in the public sector and for some private sector government contractors. economists predict that if congress doesn't act, all those cuts and new taxes will push the economy back into a mild recession by mid 2013. the impact of some of these new cuts and taxes wouldn't be felt immediately on january 1. that's because the irs and
. >>> president obama will spend the night aboard air force 1, making a red eye trip to washington. with the fiscal cliff deadline less than a week away. what it all means for your paycheck. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capitol. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned. in just six days, a 2% payroll tax is set to expire, along with the bush-era...
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Dec 26, 2012
12/12
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you have obama coming back from his vacation to deal with the fiscal cliff. we have low volume situation which moves a little bit more exaggerated. i'm not putting a lot of stock into this move. i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news out of the middle east and the news on the fiscal cliff is a pretty big deal. now it's decision time. is it big enough to take it above 91.25 and settle there? if it can't do that, it will be considered a failure. i want to be short oil and i think 8620 would be the downside. >> on the up side we're watching 9125. now you know what our guys are doing. are you buying or selling crude surge t
you have obama coming back from his vacation to deal with the fiscal cliff. we have low volume situation which moves a little bit more exaggerated. i'm not putting a lot of stock into this move. i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what...
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Dec 27, 2012
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. >> he was aboard air force one with president obama who has been vacationing in hawaii. he is expected to be sworn in lart today. >> it is the next step in the long healing process for the people of newtown connecticut. the town moving forward with plans for a permanent memorial honoring the 26 victims of the sandy hook massacre. all of the flowers letters photos and teddy bears will be turned into soil and blocks to be used atz the foundation of a future memorial. dozens of people singing mazing grace as they remembered the two firefighters murdered in western new york. ♪ i once was lost but now am found ♪ >> that community coming together to honor fallen heros. the two men were shot and killed during an ex-con's christmas eve ambush. for the first time we are also hearing from those who survived the attack some firefighters. a joint statement offered the pair's gratitude for all of the prayers they have gotten. doctors have upgraded both of their conditions to satisfactory. >> oo to maine where a dive team from the police department will use sonar to search for two
. >> he was aboard air force one with president obama who has been vacationing in hawaii. he is expected to be sworn in lart today. >> it is the next step in the long healing process for the people of newtown connecticut. the town moving forward with plans for a permanent memorial honoring the 26 victims of the sandy hook massacre. all of the flowers letters photos and teddy bears will be turned into soil and blocks to be used atz the foundation of a future memorial. dozens of...
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Dec 30, 2012
12/12
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for the obama award, runners up, pierce morgan, andrew sullivan important asking why are obama's critics so dumb. diane sawyer for her report on barack obama's love letters. the winner of the obamagasm award. >> he has raised his family right. in a blind test, becomes head. top editor. he has not broken a law, perfect father, perfect american and all they do is trash the guy. >> jon: next the you a das it for the analysis of the year. runners up, "new york times," andrew liptak for his piece on constitution. shapiro for refusing to stand and say the pledge allegiance at a romney political rally and "washington
for the obama award, runners up, pierce morgan, andrew sullivan important asking why are obama's critics so dumb. diane sawyer for her report on barack obama's love letters. the winner of the obamagasm award. >> he has raised his family right. in a blind test, becomes head. top editor. he has not broken a law, perfect father, perfect american and all they do is trash the guy. >> jon: next the you a das it for the analysis of the year. runners up, "new york times," andrew...
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Dec 22, 2012
12/12
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house republicans do not trust barack obama. they just don't trust him. you mentioned the debt ceiling, they don't think he's negotiating in good faith on the fiscal cliff. so they just didn't touch speaker boehner when he went into these closed door meetings. and that kind of lack of trust, i think, was reflected in the fact that he couldn't get the 218 votes that he needed yesterday. but when i talked to him today, we kept in tact our virginity. we didn't vote for a tax increase. and that, i think, is the most important thing in terms of the brand of the republican party. the republican party has got to be an anti-tax party. >> i think the contrary would be that the brand has become one of obs innocence. he's met them half way on taxes and spending. but i think that's what the rest of the country wants to hear. they're sick and tired of the polarization. >> well, i think that's right. and, look, i do disagree with the characterization of president obama's compromise on spending cuts. there have been none. and i think that's a big problem when you have a
house republicans do not trust barack obama. they just don't trust him. you mentioned the debt ceiling, they don't think he's negotiating in good faith on the fiscal cliff. so they just didn't touch speaker boehner when he went into these closed door meetings. and that kind of lack of trust, i think, was reflected in the fact that he couldn't get the 218 votes that he needed yesterday. but when i talked to him today, we kept in tact our virginity. we didn't vote for a tax increase. and that, i...
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Dec 27, 2012
12/12
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. >>> the holiday vacation is over early for members of the united states senate and for president obama. he took the red eye from hawaii to washington overnight. senators will be busy working on a plan to avoid the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is getting itchy for an agreement. its employees are writing "come together" on coffee cups to encourage compromise. >>> hawaii's democratic governor will replace daniel inoue to represent the state of hawaii in washington, d.c. inouye died of respiratory complications last week. on the day he died, the late senator wrote to the governor asking for representative colleen hanabusa to replay him. she made it to the final round of considerations but didn't win that nomination. >>> former president george h.w. bush is in intensive ca
. >>> the holiday vacation is over early for members of the united states senate and for president obama. he took the red eye from hawaii to washington overnight. senators will be busy working on a plan to avoid the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem...
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Dec 27, 2012
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well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late afternoon, euclid moved northeast, bringing traffic to a standstill, forcing the cancellation of more than 1,500 flights on one of the busiest travel days of the year. the weather channel's mike seidel has more on the massive christmas storm. >> reporter: a major snowstorm has dumped over a foot of snow across parts of the midwest. indiana got hit hard. high winds adding to the misery there. >> it's a lot better with the four-wheel-drive, but it, yeah, it's definitely a doozy out there. >> reporter:
well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the...
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Dec 26, 2012
12/12
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president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm woul
president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech....
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Dec 22, 2012
12/12
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obama said lawmakers need a break from fiscal cliff frustration-- much of it self- induced. >> we move forward together or we don't move forward at all so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. >> reporter: the president will follow his own advice. lawmakers and return to washington if there is a deal. >> pelley: major, thank you. as you know, this debate is all about bringing the federal budget under control. if the white house and congress can't figure it out, big across- the-board budget cuts and those tax increases we mentioned kick in automatically january 1. the so-called fiscal cliff. the republican speaker of the house tried to force through his solution last night but he couldn't keep his own party in line. nancy cordes is at the capitol. nancy? >> reporter: scott, this was an unforced error. speaker boehner did not have to bring this plan "b" bill up but he was simply trying to get more leverage in negotiations with the president. instead, the misstep left him weaker and there is genuine confusion
obama said lawmakers need a break from fiscal cliff frustration-- much of it self- induced. >> we move forward together or we don't move forward at all so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. >> reporter: the president will follow his own advice. lawmakers and return to washington if there is a deal. >> pelley: major, thank you. as you know, this debate is all about bringing the federal budget...
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Dec 27, 2012
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president obama is not asking for that much in taxes. it's worth getting a bit of perspective in here. you'll be shocked to know, we got a graph for that. here's what happens if we go over the cliff. you get more than $5 trillion in tax increases off the bat. and now here's what happens if we pass the sainted simpson bowles plan. you've heard of the plan. they have 2.6 trillion in tax increases. president obama's latest offer to john boehner has 1.2 trillion in taxes. that is half as much, less than half than simpson bowles, and less than a quarter of what is in -- simply going over the fiscal cliff. i think the tax increases are too little. they are what they are. and it's something to remember as we reach the edge and you hear a lot of complaints about the tax side of obama's offer. what he's asking for in terms of tax increases is not that radical, it's way less than if we don't reach a deal. contrary to what you may have heard, republicans want to raise taxes too. shocker, right? >> the superficial take on this, the argument between
president obama is not asking for that much in taxes. it's worth getting a bit of perspective in here. you'll be shocked to know, we got a graph for that. here's what happens if we go over the cliff. you get more than $5 trillion in tax increases off the bat. and now here's what happens if we pass the sainted simpson bowles plan. you've heard of the plan. they have 2.6 trillion in tax increases. president obama's latest offer to john boehner has 1.2 trillion in taxes. that is half as much, less...
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Dec 28, 2012
12/12
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obama never even put spending cuts on the table. he's putting spending increases on the table for another round of solyndra stimulus spending. he was willing to save money, $1 trillion, but not occupying iraq for the next decade. they kicked him out of the country a little while ago, but he wanted to count that like not continuing the war of 1812 as his budget cut. >> don't you feel though we're at such a fiscal crisis situation that there needs to be compromise on both sides though? there has to be some give to get something done? >> oh, absolutely. look, the republicans passed the ryan plan which saves $6 trillion over the next decade. reforms entitlements. reforms taxes. what we need is some spending restrai restraint. maybe we don't get all $6 trillion that the republicans were tough enough and strong enough and brave enough and courageous enough and serious enough to pass a budget. you talked about harry reid picking on me. harry reid suggesting that i'm the reason they haven't done anything is a little bit silly. he ought to l
obama never even put spending cuts on the table. he's putting spending increases on the table for another round of solyndra stimulus spending. he was willing to save money, $1 trillion, but not occupying iraq for the next decade. they kicked him out of the country a little while ago, but he wanted to count that like not continuing the war of 1812 as his budget cut. >> don't you feel though we're at such a fiscal crisis situation that there needs to be compromise on both sides though?...
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Dec 28, 2012
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president barack obama, speaker of the house john boehner, house minority leader nancy pelosi, harry reid and mitch mcconnell. can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining. >> they should negotiate a plan. they shouldn't have the mine are in plan, they should have the biglan. >> here we are five days from the new year, and we might finally start talking. >> the republicans are sitting there with a nuclear weapon. they have the debt ceiling coming up. they can use that as part of this negotiation. >> what is going on here? >> the president called me and probably called others last night. my impression is he would like to see if we can move forward. >> you can't legislate with yours
president barack obama, speaker of the house john boehner, house minority leader nancy pelosi, harry reid and mitch mcconnell. can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop....
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Dec 27, 2012
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obama was elected with a surplus of about 3 million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but, again, i guess with the dysfunctional republican caucus in the house even the speaker can't tell what he's going to do because he backed off even his own proposal. mr. president, the house, we hear this so often, is controlled by the reap warnings and we acknowledge that. i would be most happy to move forward on something that senator mcconnell said they wouldn't filibuster over here that he would support and that boehner would support, if it were reasonable, but right now we haven't heard anything. i don't know, and it's none of my business, i guess, although i am very serious, if the speaker and the majority leader, the republican leader over here are even talking. i mean, what's going on here? mr. president, you can't legislate with y
obama was elected with a surplus of about 3 million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but, again, i guess with the dysfunctional republican caucus in the house even the speaker can't tell what he's going to do because he backed off even his own proposal. mr....
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Dec 27, 2012
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president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're sealing is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think that
president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're...
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Dec 27, 2012
12/12
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president obama has cut short his vacation to help reduce the national debt. budget cuts and tax rises will start on january 1. the white house has called on republicans not to block a resolution in congress. severe weather has caused hundreds of holiday flight delays with its sweeping storm system moving east after tornadoes struck for states on christmas day. at least six people have died. >> dallas, texas, where snow is a rarity came as a christmas surprise. it turned white and the motorists struggled with slippery roads. 21 cars and fractured trailers, and eastern ohio, kentucky, and indiana. along with wind gusts of 50 kilometers an hour. the unusual winter phenomenon hit for seven states, 34 tornadoes. this one touchdown in mobile, alabama. it overturned cars and blew out windows. >> it is like this crazy wind, just the whole building is shaking. >> a caused no fatalities, but a thunderstorm fell this tree, killing a driver of this truck. and if no border was buried by an avalanche. the storm system shifts to the eastern seaboard. >> writing levels of th
president obama has cut short his vacation to help reduce the national debt. budget cuts and tax rises will start on january 1. the white house has called on republicans not to block a resolution in congress. severe weather has caused hundreds of holiday flight delays with its sweeping storm system moving east after tornadoes struck for states on christmas day. at least six people have died. >> dallas, texas, where snow is a rarity came as a christmas surprise. it turned white and the...
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Dec 30, 2012
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the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed four people in russia. what happened to another airplane from the same airline just days ago. >> why an attorney for a new town massacre survivor says the state of connecticut is to blame. if >> how of >> we're learning more tonight about the crash of a russian airplane in moscow. four people were killed after the red wing airplane broke into pieces and caught fire while landing. four people were hurt. your plane rolled off the runway into a snowy field. another red wing airplane went off the runway in siberia on december 20. the official said that crash happened because the airplanes engines failed to go into
the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed...
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Dec 27, 2012
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president obama is cutting short his holiday in hawaii. he's flying back to washington tonight as the clock ticks toward the fiscal cliff. nancy cordes is with the president in honolulu. nancy? >> reporter: jim, the president is trading the sand for snowy washington. he'll be back in the nation's capital by mid-morning tomorrow, and most of the u.s. senate will be attempting to get back there by then, as well. but house leaders have not given their members the signal to return to washington and say they won't until the u.s. senate passes a bill to avert the fiscal cliff. as the president wrapped up his vacation, federal workers trickled back into the nation's capital. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned, and, in just six days, a 2% payroll tax is set to expire, along with the bush era tax cuts, shrinking the average workers' paycheck in 2013 by about $1,500. long-term unemployment benefits for about two million jobless americans are also set to expire, and $110 billion wort
president obama is cutting short his holiday in hawaii. he's flying back to washington tonight as the clock ticks toward the fiscal cliff. nancy cordes is with the president in honolulu. nancy? >> reporter: jim, the president is trading the sand for snowy washington. he'll be back in the nation's capital by mid-morning tomorrow, and most of the u.s. senate will be attempting to get back there by then, as well. but house leaders have not given their members the signal to return to...
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Dec 26, 2012
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obama made the decision, obama's going to make the decision. people are getting too worked up about the person who really isn't going to make the decision. >> jonathan gets the last word on this. >>> we're moving from iranian sapgss and the carter administration to something a bit more fun, believe it or not. coming up, angry teddy bear, steady eddie, those are all coined nicknames in 2012 for the presidential candidates. we'll look back at the rest of the best on "now." mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies t
obama made the decision, obama's going to make the decision. people are getting too worked up about the person who really isn't going to make the decision. >> jonathan gets the last word on this. >>> we're moving from iranian sapgss and the carter administration to something a bit more fun, believe it or not. coming up, angry teddy bear, steady eddie, those are all coined nicknames in 2012 for the presidential candidates. we'll look back at the rest of the best on...
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Dec 27, 2012
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especially after president obama won the election. senate democratic leadership aide tells me that will remains a 50/50 chance we will get a mini deal temporary extension of tax cuts under $250,000 before the january 1 deadline when we would go over the cliff. will are no assurances of that. a white house official told me as president obama prepares to fly back to conduct and participate in the negotiations at the end, there has been no progress over the holiday weekend. michelle, i'm afraid that people who are looking for a deal and looking for a deal by december 31, all hope is not lost. it is not looking good at the moment. >> let's go back to this hitting the debt ceiling on monday. we learned of this because treasury secretary tim good night mother sent a letter to the honorable harry reid majority leader. and that's where he outline it is fact that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, thre
especially after president obama won the election. senate democratic leadership aide tells me that will remains a 50/50 chance we will get a mini deal temporary extension of tax cuts under $250,000 before the january 1 deadline when we would go over the cliff. will are no assurances of that. a white house official told me as president obama prepares to fly back to conduct and participate in the negotiations at the end, there has been no progress over the holiday weekend. michelle, i'm afraid...
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Dec 27, 2012
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president obama ordered health insurance plans to cover contraceptives. catholic cherokees and others said this violated freedom. the supreme court upheld the president's key healthcare reform requiring people to purchase insurance if their employers don't offer it. >> here in america, in the wealthiest nation on earth. no illness or accident should lead to any families' financial ruin. >> opponents of the mandate say this will burden individuals and businesses and won't reduce costs. the government approved over-the-counter sales of h.i.v. testing kits. florida reported do do you beckr low sis outbreak. killed 13 many of them homeless. more than 2,000 nfl players sued the league clawing pro-football hid information linking head trauma to permanent brain injuries. the nfl denies any wrongdoing. this junk food ads. kids complain about new school lunks with more fruits and veggies ordered by the government. new york city is limiting the size of sugary drinks sold in restaurants, theaters and stadiums. >> this is the single biggest city i think has ever take
president obama ordered health insurance plans to cover contraceptives. catholic cherokees and others said this violated freedom. the supreme court upheld the president's key healthcare reform requiring people to purchase insurance if their employers don't offer it. >> here in america, in the wealthiest nation on earth. no illness or accident should lead to any families' financial ruin. >> opponents of the mandate say this will burden individuals and businesses and won't reduce...
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Dec 28, 2012
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president obama cutting his vacation short arriving back in washington today. house lawmakers announcing late today they are now planning to return on sunday. but listen to the rhetoric. and you have to question whether that will do any good because near early everything that is coming out of d.c. is about blame. not answers. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them go in fact. they are not here. they are not here. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out months ago. >> and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> harris: tonight, that is exactly where we stand. at the edge of a cliff throwing blame for how you we got here. a lot of fing
president obama cutting his vacation short arriving back in washington today. house lawmakers announcing late today they are now planning to return on sunday. but listen to the rhetoric. and you have to question whether that will do any good because near early everything that is coming out of d.c. is about blame. not answers. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them go in fact. they are not here. they are not here. john...
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Dec 27, 2012
12/12
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MSNBCW
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president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a deal. that's less than 1% of the federal spending over the next decade. in d.c. terms, 400 billion seems like a lot. that's a drop in the bucket in d.c. terms. it's amazing that small of a number killed a deal. >> if you are buying a house or a car and one person said look, i'm going at $1 billion. usually split the difference and do the deal. this time around, that didn't happen. neither was hoping for this. if house republicans couldn't go for that million dollar threshold, they are not going to go for 400,000 or 600,000. that's why we are probably going to end up going-over the cliff and seeing what
president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a...
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Dec 22, 2012
12/12
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MSNBCW
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if no deal is struck this year, president obama, what does he have? well, he's got the inauguration coming up. a big platform. he's got the state of the union address coming up. a big platform. he is going to have a better chance to have the american people on his side. president obama urged all members of congress to get some perspective over the holiday weekend on this. >> everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols, enjoy the company of loved ones. and then i'd ask every member of congress while they're back home to think about that. think about the obligations we have to the people who sent us here. think about the hardship that so many americans will endure if congress does nothing at all. >> that is a crucial point right there, folks. here is president obama. not saying boehner can't get his caucus together. i got my folks together. we're ready to rock 'n roll. we've got a deal right on the table for the american people. it's boehner, he is the problem. the president didn't do
if no deal is struck this year, president obama, what does he have? well, he's got the inauguration coming up. a big platform. he's got the state of the union address coming up. a big platform. he is going to have a better chance to have the american people on his side. president obama urged all members of congress to get some perspective over the holiday weekend on this. >> everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols,...
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Dec 28, 2012
12/12
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also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the tru
also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources...
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Dec 26, 2012
12/12
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MSNBCW
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and i sat down with the president at the site of the cgi meeting on the same day that both president obama and mitt romney were set to speak there. >> how would you characterize how he's been handling the collective problems that we're seeing percolating across the middle east? >> well, i think that first of all, i think they've done pretty well in a very chaotic situation. the arab spring was always going to have ups and downs or bumps in the road or whatever you want to call it. in libya, the tragic situation of the lost of our ambassador and the other americans, it's worth pointing out a couple of things. first of all, most of the libyan people who were aware of what's going on like the united states, they like the fact that we aggressively supported them and their desire to replace the gadhafi regime and decades of control and repression and a move to a more democratic system. the president of libya has asked to meet with me. we're going to have a nice visit. i think tomorrow. there were libyans who lost their lives in that attack, trying to protect americans. and that is a different t
and i sat down with the president at the site of the cgi meeting on the same day that both president obama and mitt romney were set to speak there. >> how would you characterize how he's been handling the collective problems that we're seeing percolating across the middle east? >> well, i think that first of all, i think they've done pretty well in a very chaotic situation. the arab spring was always going to have ups and downs or bumps in the road or whatever you want to call it....
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Dec 30, 2012
12/12
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CSPAN2
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. >> talk about obama. your chapter is entitled provocatively. [laughter] in some ways they've made it worse. >> the longest chapter of the book. >> it might get longer. >> then i see the cuts that we have to make but to deal with a contemporary is a lot of interest in obama. then to pull back. >> but there were people on the right to and those who would disagree to say he apologizes for america and pulls out from the allies and those that say he should not send troops to afghanistan in the first place. >> there was the tough group. the advisers that he bridal and called the economic advisers to timothy geithner, larry summers and peter norris said. of the foreign policy team, robert gates up to his eyeballs most of the bad things the country has done for decades. >> but he promised he would pull troops out of iraq so he falls through on his promise. >> so they do not take it seriously enough. we think it has been a big mistake. one thing he said is that cut back on the bush secrecy and has not followed through. with the espionage act was passed
. >> talk about obama. your chapter is entitled provocatively. [laughter] in some ways they've made it worse. >> the longest chapter of the book. >> it might get longer. >> then i see the cuts that we have to make but to deal with a contemporary is a lot of interest in obama. then to pull back. >> but there were people on the right to and those who would disagree to say he apologizes for america and pulls out from the allies and those that say he should not send...
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Dec 29, 2012
12/12
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LINKTV
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obama met congressional leaders at the white house on friday to discuss a deal. he said the talks were constructive, but did issue a warning on behalf of the american people, demanding congress take action. >> america wonders why it is that in this town, for some reason, you cannot get stuff done in an organized time table, where everything has to wait till the last minute. we are now of the last minute. in the american people are not going to have any patients for a politically self-inflicted wound to our economy. >> the president said he was modestly optimistic that the january 1 deadline for the fiscal cliff could be averted, but that is contingent on a vote in the senate on a compromise bill, and that will have to get an up or down vote. there is a majority for that, with some tax increases for upper-income people. the question is what level would be acceptable to republicans. more crucial to that is, whatever the senate proposes and passes on to the house, will it be acceptable to the majority of republicans in the house, who control that body? if it is not,
obama met congressional leaders at the white house on friday to discuss a deal. he said the talks were constructive, but did issue a warning on behalf of the american people, demanding congress take action. >> america wonders why it is that in this town, for some reason, you cannot get stuff done in an organized time table, where everything has to wait till the last minute. we are now of the last minute. in the american people are not going to have any patients for a politically...
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Dec 27, 2012
12/12
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KBCW
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. >>> president obama will spend the night aboard airforce 1 making a red-eye trip from hawaii to washington. when he arrives on thursday, it's right back to budget negotiations with the fiscal cliff deadline less than a week away. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capital. the only people who can avert the fiscal cliff, members of the house and senate, have not returned. and in just six days, a 2% payroll tax is set to expire, along with the bush-era tax cuts, shrinking the average worker's paycheck in 2013 by about $1,500. long-term unemployment benefits for about 2 million jobless americans are also set to expire, and $110 billion worth of spending cuts to domestic and defense programs will kick in, forcing layoffs in the public and private sector. if congress doesn't act, all the cuts and new taxes will squish the economy back into a mild recession by mid-2013. the impact of some of these new cuts and taxes wouldn't be felt immediately on january 1st because the irs and other agencies didn't expect it to come to this. i
. >>> president obama will spend the night aboard airforce 1 making a red-eye trip from hawaii to washington. when he arrives on thursday, it's right back to budget negotiations with the fiscal cliff deadline less than a week away. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capital. the only people who can avert the fiscal cliff, members of the house and senate, have not returned. and in just six days, a 2% payroll tax...
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Dec 29, 2012
12/12
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WBAL
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this sunday, president obama will be david gregory's interview -- guest on meet the press. that port strike is averted for now. the longshoremen union has expired -- extended their expiring contract by 30 days. it puts off a strike by more the 14,000 longshoremen at 50 ports across the country, including here in baltimore. a strike with the crippled operations at ports. it's reported major steps have been taken towards resolving this ongoing dispute. an abrupt end to the career of one long term maryland civil- rights leader. carl snowden will retire january 8. the office of the announcement earlier today. the decision comes amid legal problems. he was convicted last month of marijuana possession and has a court date for violating his probation in a drunk driving case. tonight was a reversal of fortune for morgan state university's president. the board of regents voted to renew his contract, weeks after voting not to. >> president wilson was diplomatic when i inquired about what led up to this controversy and why it suddenly ended in his favor, instead of pointing the finger
this sunday, president obama will be david gregory's interview -- guest on meet the press. that port strike is averted for now. the longshoremen union has expired -- extended their expiring contract by 30 days. it puts off a strike by more the 14,000 longshoremen at 50 ports across the country, including here in baltimore. a strike with the crippled operations at ports. it's reported major steps have been taken towards resolving this ongoing dispute. an abrupt end to the career of one long term...
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Dec 26, 2012
12/12
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CNBC
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who are we hurting me. >> >> let's get on to obama care. originally the whole idea was to save money, cut costs, et cetera, but you've recently said the new health care law could cause insurance premiums to doublery 2013. ? >> there's some places where the premiums will go up by 100%. a 49-year-old in texas can buy a $5,000 deductible policy that's well below the 60% threshold so if i'm at a 45% threshold policy, the and it goes up to 60%, you have a 33% increase just to moving the benefits up. >> seems crazy, that the system is broken and could still double by 2014. >> if we're going to warn americans, somebody's got to pay for it. >> how do you think it's going to pay out, who is going to or what? >> i think it won't start right away like everyone hopes it will. there won't be an october 1st, 2013, are a bright new plan available for everybody, and it's not going to be cheaper, but i think it will be a start and it will be fits rand smart. if we want to insure more americans, and in the long run if we control our krosts we can control tha
who are we hurting me. >> >> let's get on to obama care. originally the whole idea was to save money, cut costs, et cetera, but you've recently said the new health care law could cause insurance premiums to doublery 2013. ? >> there's some places where the premiums will go up by 100%. a 49-year-old in texas can buy a $5,000 deductible policy that's well below the 60% threshold so if i'm at a 45% threshold policy, the and it goes up to 60%, you have a 33% increase just to...
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Dec 27, 2012
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cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends pay soared and so did the taxes napad on them as a result. if you reverse that tax cut and put the obamacare tax on top, dividends are going to collapse and so are the revenues that government will collect from the dividends. you'll have a similar result as you had in 1990 where they increased rather than declined. >> clayton: do we not learn from our history? this seems like it's just repeating all over again. politicians aren't aware of their history here and what we could go through again. we know what 1991 and 1992 looked like with that recession. it was hard. >> the tax increases we're talking about now are much bigger than in 1990 and t
cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends pay soared and so did the taxes napad on them as a result. if you reverse that tax cut and put the...
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Dec 27, 2012
12/12
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because then obama gets the tax increase that he wanted, right? the republicans aren't seen by their constituency of giving into the tax increase and then they start from there, anew, and you can bring it down to the middle class tax cut. so, why isn't that the way it's going to be playing out and the meeting by the house on sunday, just optic. obama coming back, just optics. >> well, like i said a couple of minutes ago, it's the relief rally versus the negative impact of the fiscal cliff. in other words, the recession their forces in the cliff, so, you picture two, like a sea change. the relief rally where it's going to happen, when we get a deal. then you have the recession their forces of the cliff right after that, so, you can see those two forces. i've been looking -- >> stocks can trade up during a recession. not when you're going into it. as you see going out of it. >> but it's still $130 billion of new taxes that are hitting the economy. maybe 150. i'm looking at two-month vices future versus the eight-month and i've been tracking it. trac
because then obama gets the tax increase that he wanted, right? the republicans aren't seen by their constituency of giving into the tax increase and then they start from there, anew, and you can bring it down to the middle class tax cut. so, why isn't that the way it's going to be playing out and the meeting by the house on sunday, just optic. obama coming back, just optics. >> well, like i said a couple of minutes ago, it's the relief rally versus the negative impact of the fiscal...
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Dec 26, 2012
12/12
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WBAL
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president obama will be leaving forwarmth of yhawaii washington. there is no specific deal on the table. democrats blame republicans for not agreeing to end tax cuts for the wealthiest americans. >> we're not going to let the rich pay one dime more. there is something awfully wrong with that picture. the american public is seeing that. >> republicans will not agree. they see there may be room for compromise. >> i know i am not in the majority and the red states annett -- in the senate. we have to sit down and hammer something out. >> if no deal is reached, americans will see their income taxes go up. 2 million peoplwill lose their jobless benefits. $110 billion in spending cuts will hit federal agencies. analysts predict fewer companies will hire. >> that level of activity will translate into consumption, lack of business investment, supporting as moving toward an economic contraction. with only the senate returning thursday, president obama will likely turn to his allies. -- to his allies, harry reid, to craft a deal. >> a new ultrasound tool coul
president obama will be leaving forwarmth of yhawaii washington. there is no specific deal on the table. democrats blame republicans for not agreeing to end tax cuts for the wealthiest americans. >> we're not going to let the rich pay one dime more. there is something awfully wrong with that picture. the american public is seeing that. >> republicans will not agree. they see there may be room for compromise. >> i know i am not in the majority and the red states annett -- in...
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Dec 29, 2012
12/12
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WJLA
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president obama met with congressional leaders and bluntly spoke to the nation about what he says must happen before jury one. on capitol hill, what went on behind closed doors today? >> there is still a lot of work to be done by the folks who worked in the building behind me in order to avoid big tax increases, and also a big spending cuts. the countdown is on. three days, zero hours, 54 minutes. we are hearing words of optimism, but also concern. at a press conference, the president said ordinary americans can sort through disagreements. >> the notion that our elected leadership cannot do the same thing is mind-boggling to me. it needs to stop. >> if they come to a good deal, not just one that is forced -- >> of the white house christmas tree a short distance from where the president met with congress, both local residents and people from all over the country -- >> it would be nice if the king to a compromise. >> gave us their take. many worry about the tax increases that could kick in. and they are angry we are four days a out with no deal. >> it is ridiculous. this is a necessary.
president obama met with congressional leaders and bluntly spoke to the nation about what he says must happen before jury one. on capitol hill, what went on behind closed doors today? >> there is still a lot of work to be done by the folks who worked in the building behind me in order to avoid big tax increases, and also a big spending cuts. the countdown is on. three days, zero hours, 54 minutes. we are hearing words of optimism, but also concern. at a press conference, the president...
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Dec 23, 2012
12/12
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WJLA
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house speaker boehner is in and obama is in hawaii. >> i'm stuck here in washington americans from showing more money to uncle sam next year. the gauche nations between white house and house speaker speaker boehner fell apart. negotiations between the white house and house eager .peaker boehner fell apart the president said that he is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only be o official balls. there'll be a concert honoring .he lee terry families saturdaye held on before inauguration. out of egypt, how millions e voted on the disputed constitution. also, this cruise ship is isn't beingto italy m.rubbed from top to botto >> staring up controversy in virginia. breaking news out of egypt tonight. the constitution has received a majority of yes from more than 70%. the results were posted on the muslim's brotherhood website. was about 8ut million people. official results will not be announced for several days. taking a look at stories -- aning around the nation destroyed a home. used fo
house speaker boehner is in and obama is in hawaii. >> i'm stuck here in washington americans from showing more money to uncle sam next year. the gauche nations between white house and house speaker speaker boehner fell apart. negotiations between the white house and house eager .peaker boehner fell apart the president said that he is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only...
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Dec 29, 2012
12/12
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KQEH
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why should we look at cuba stocks. >> i think president obama want. interestingly the employment of senator kerry who favors the embargo is significant. cuba wants it limi lifted and we positioned the por port feel p o the lifting. >> susie: why do you like seaboard. >> seaboard is $250 a share whes 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company and why it's good for american investors? >> another example of what weha. companies that have been doing well now even if there is no change in cuba. i think the country of cuban has to be air conditioned. they are going to get a tremendous amount of business when the embargo is lifted. >> susie: what target t do you see on this stock price? >> i don't have a target butit'a long term in our por portfolio. >> carnival cruise line. >> carnival and royal caribbeanf new business. not only people traveling to cuba but people com combining vacations with a trip to cuba. it's a win win for
why should we look at cuba stocks. >> i think president obama want. interestingly the employment of senator kerry who favors the embargo is significant. cuba wants it limi lifted and we positioned the por port feel p o the lifting. >> susie: why do you like seaboard. >> seaboard is $250 a share whes 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company...
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Dec 30, 2012
12/12
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WJLA
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perhaps proof of how dire the circumstances are, president obama took to the sunday show, potentially setting when we careen off the cliff, and in congress. less than 48 hours from falling off the cliff, president obama is putting the blame on republicans. >> the offers i have made them are so fair that a lot of democrats get mad at me. >> on his first sunday show appearance since 2009, the president said just a day ago that he was optimistic that a short-term deal could be reached. now, not so much. >> what we're seeing here is a monumental failure of presidential leadership. >> the better back-and-forth continues to be over how to cut spending and what the income threshold to be for who gets a tax hike. >> what i am arguing for is maintaining tax cuts for 90% of americans. i did not think anybody would consider that and liberal, left- wing agenda. >> republicans say their agenda, not stifling an already fragile economy with tax hikes on those who are behind small business. >> the higher you set that level, the less small business you will get. >> what had been high hopes had turned
perhaps proof of how dire the circumstances are, president obama took to the sunday show, potentially setting when we careen off the cliff, and in congress. less than 48 hours from falling off the cliff, president obama is putting the blame on republicans. >> the offers i have made them are so fair that a lot of democrats get mad at me. >> on his first sunday show appearance since 2009, the president said just a day ago that he was optimistic that a short-term deal could be reached....
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Dec 27, 2012
12/12
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KQED
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we think -- we know obama said the west would not forgive the use of chemical weapons. he says there are a red line. i think this is something the regime would not like to have on their hands. >> what will they do with the information this memo provides him with? -- this man provides them with? >> this regime has been very brutal and has committed some atrocities against civilians and house also used -- has also used weapons of mass destructions. you talk about chemical weapons. perhaps some thing more. i hope this will confirm that the regime is preparing such weapons. >> we have had those reports of chemical-type weapons over the past weeks. there was a report two days ago. it looked like phosphorus had been used. what is your sense as to how long the regime has left? >> i am pretty sure the regime will stain as long as the outside help is going on. and if the west is not the ticket stand and provide the opposition with three weapons -- does not take a stand and provide the opposition with real weapons to end this bloodshed, if this does not happen, i think it will ta
we think -- we know obama said the west would not forgive the use of chemical weapons. he says there are a red line. i think this is something the regime would not like to have on their hands. >> what will they do with the information this memo provides him with? -- this man provides them with? >> this regime has been very brutal and has committed some atrocities against civilians and house also used -- has also used weapons of mass destructions. you talk about chemical weapons....
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Dec 28, 2012
12/12
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CNBC
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obama not buying anything newnew. anybody buying the dips had to puke them out. that's exactly what happened. professional traders, most of which have been in this week, most others on the sideline, you've bought vix protection, done pretty well as a helping but that's a great display of what happened. >> do you just not want to go into the weekend long, expecting a miracle? >> well, if i had to be forced in, forced into long positions on the selloffs on this kind of day i'd rather be long quite frankly than short against what might happen in washington. rather not have any position, but i'd rather be long than short. >> this has been a market that has shown resilience. >> right. >> with all the uncertainty out there to this point. could that change come monday if after the house meets on sunday night we still don't have a deal at that point? what do you think? >> being long is not a good position to be in, but that being said, if there's any indication of some hope, i think that the short position is going to get squeezed pretty hard, the same on monday. a
obama not buying anything newnew. anybody buying the dips had to puke them out. that's exactly what happened. professional traders, most of which have been in this week, most others on the sideline, you've bought vix protection, done pretty well as a helping but that's a great display of what happened. >> do you just not want to go into the weekend long, expecting a miracle? >> well, if i had to be forced in, forced into long positions on the selloffs on this kind of day i'd rather...
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Dec 29, 2012
12/12
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WJZ
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president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the president declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans
president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled...
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Dec 24, 2012
12/12
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WJZ
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president obama and the first lady attended the memorial service. he was the first japanese american elected to both houses of congress and the second largest serving u.s. senator. he was 88 years old. >> back here in maryland a police shooting in baltimore county, a police officer opened fire, killing a man who had a knife. that's where derrick is tonight with the details. >> reporter: police say the officer was acting in self- defense when he confronted and shot a suspicious man he found back here behind this gas station. it all started with an officer on routine patrol as he passed the shell gas station at ed monton around 3:45 in the morning. he noticed a suspicious man behind the building. police say when the officer asked the man to come out from behind the building, the man pulled out a knife. >> the officer attempted to use a taser to stop the situation, but it was ineffective. the man refused repeated commands to drop the knife. >> reporter: police say fearing for his safety, the officer shot the man to the chest. he has been identified. he
president obama and the first lady attended the memorial service. he was the first japanese american elected to both houses of congress and the second largest serving u.s. senator. he was 88 years old. >> back here in maryland a police shooting in baltimore county, a police officer opened fire, killing a man who had a knife. that's where derrick is tonight with the details. >> reporter: police say the officer was acting in self- defense when he confronted and shot a suspicious man...
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Dec 23, 2012
12/12
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MSNBCW
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president obama tapped kerry to be the next secretary of state. let me finish with the great new movie about getting bin laden and how one person can make a huge difference. we begin with where things stand on the fiscal cliff. david corn is the washington bureau chief for mother jones magazine and msnbc contributor, jared bernstein was chief economic adviser to vice president biden. gentlemen, president obama tonight said he had spoken with speaker boehner in addition to meeting with senate majority leader harry reid. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class americans, protects unemployed for 2 million americans and lays the groundwork for deficit reduction. that's an achievable goal. that can get done in ten days. once this legislation's agreed to, i expect democrats and republicans to get back to washington and have it pass both chambers. >> jared bernstein, is this actually a setback for the presid
president obama tapped kerry to be the next secretary of state. let me finish with the great new movie about getting bin laden and how one person can make a huge difference. we begin with where things stand on the fiscal cliff. david corn is the washington bureau chief for mother jones magazine and msnbc contributor, jared bernstein was chief economic adviser to vice president biden. gentlemen, president obama tonight said he had spoken with speaker boehner in addition to meeting with senate...
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Dec 30, 2012
12/12
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WBAL
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. >> talks hit a snag in washington with president obama and house speaker john been unable to reach a deal. senate leaders stepped in to get a compromise before tomorrow's deadline. today they announced they have hit a wall. >> even if lawmakers are not running out of ideas, they are running out of time. the prospects of a fiscal cliff plunge look closer than ever today when senate talks ground to a standstill. >> i am willing to get this done. i needed dance partner. >> republicans demanded social security cuts. democrats called that a deal killer. the gop to get off the table. the deadline is monday at midnight. if no deal, taxes go up on nine out of 10 americans. potentially catastrophic spending cuts start kicking in. lawmakers spent much of the day behind closed doors plotting strategy. president obama blamed the impasse on republicans. >> the way they are behaving is there on the priority is making sure the tax breaks for the wealthiest americans are protected. >> on sunday, the president talked about his plan b. he wants the senate to vote on extending tax cuts to everyone bu
. >> talks hit a snag in washington with president obama and house speaker john been unable to reach a deal. senate leaders stepped in to get a compromise before tomorrow's deadline. today they announced they have hit a wall. >> even if lawmakers are not running out of ideas, they are running out of time. the prospects of a fiscal cliff plunge look closer than ever today when senate talks ground to a standstill. >> i am willing to get this done. i needed dance partner....
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Dec 27, 2012
12/12
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KRON
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for his lady michelle obama has a 73 percent approval rating. the outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. and the bal poll shows a majority of americans support stricter gun laws but most are against banning assault weapons. 58 percent of americans now say they support stricter gun laws that's up from 43% and october 2011. the american public is now split on enforcing existing laws instead of passing new ones. 40¢ per set of the public wants to enforce current laws while 47 once the legislation. this is a big law to ban assault weapons which is backed by president obama has not gained much support since october 2011. 44 percent support and assault weapons ban while 51 percent are against it. >> today 200 use of teachers will get the proper training to be able to carry a weapon. the utah shooting sports council said it would waive its $50 fee for concealed weapons training for the teachers. it's an idea gaining traction in the aftermath of the connecticut school shooting. you ties among few
for his lady michelle obama has a 73 percent approval rating. the outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. and the bal poll shows a majority of americans support stricter gun laws but most are against banning assault weapons. 58 percent of americans now say they support stricter gun laws that's up from 43% and october 2011. the american public is now split on enforcing existing laws instead of passing new ones. 40¢ per set of the public...
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Dec 23, 2012
12/12
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WJLA
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the main objective that obama had was not a fiscacal 1 but political, to fofoow the victory in november byreating cil war among republicans to their brand? to watch that scene last over the tax issue, which is exactly what happened. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which she did openly and said he was ready to do it. then conservatives said they would not do it. that is now a fracture in the party that will be extremely hard to reconcile. if you can not, how did yoget a deal done before january 1? i am not sure they can be do that is essentiay the proem the president faced with boehner twtwo years ago, last year. can he deliver? how can you n negotiate with someone who cannot deliver his side? >> you go to people for support at least three owhom have lost their committee assignments. how can you expect them to come into your way of thinking? >> and they wer growing when john boehnhner went down, taking some delight, but that was cleared, that was pre-clear
the main objective that obama had was not a fiscacal 1 but political, to fofoow the victory in november byreating cil war among republicans to their brand? to watch that scene last over the tax issue, which is exactly what happened. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which she did openly and said he was ready to do it. then conservatives said they would not do it....